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the chances of another big financial crisis and another big taxpayer bailout are lower now thanks to the law. president obama signed it a year ago today, as you mentioned. treasury secretary timothy geithner says the financial system is stronger by almost any measure now, but critics say consumers and taxpayers are still at risk. the law required the sec and other regular lay -- regulators to write 243 new rules but regulators have completed fewer than 50 of those. other critics say they don't want these new rules anyway. they are hurting innovation, economic growth and job creation, jenna. jenna: we talk about financial regulation, there's a slew of different changes, and it's easy to get a little wonky, peter, right? what are some of the changes that are happening today when it comes to our regulatory reform? is. >> reporter: hey, jenna, i love that o.k. with key stuff. jenna: i know you do. [laughter] >> reporter: sorry about that. you're right, today the confidential consumer protection bureau officially opens for business be, but it does not have a director yet, so its powers are are li
: anything big happened while you were gone? jenna: got married, went on a honeymoon. i'm back for good. jon: glad to have you. brand-new developments in the debt showdown as the clock ticks closure to government default. now the tea party is stepping in, pushing its cut, cap and balance plan. jenna: ccp, a measure that raises the limit on america's credit card by another $2.4 trillion, only after big and immediate spending cuts, as well as a constitutional amendment requiring a balanced federal budget. jon: it looks likely to pass in the house but the senate is a very different story. mike emanuel live at the white house for us now. what is the latest from the white house, first of all, mike? >> reporter: jon the white house perspective that this is a huge problem, our nation's debt, so this is the time to do something big and do something bold. it is not clear where the votes will be in terms of trying to do something of that nature. our understanding is from talking to sources, both here at the white house and on capitol hill is there were conversations back and forth between the presiden
Search Results 0 to 3 of about 4 (some duplicates have been removed)